Like many on here, I've been carrying BGS shares for a long time, and seen my 43 cent average in price reduce gradually to where we are today at 11 cents. I know there are lots of you who like to keep ramping it up by saying that we have this incredibly valuable asset--and it will all be sunshine, when in fact, any corporate could offer $50 million loose change, if it was seen as viable.
The change of name appears to be a line in the sand: new name, and the company is worth 11 cents a share. Future CRs will be at 10 cents a share, or 8 cents to funds, if they are interested. I think you know where this is going.
I've put my sentiment down as "Hold", only because I've lost most of it anyway...
- Forums
- ASX - By Stock
- FFX
- A line in the sand
A line in the sand
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FFX (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online